Fill in the Blank

The table below shows the present value of a future $1 payment. You are set to receive a trust fund payment of $25,000 in 10 years. If the appropriate annual discount rate is 6%, the present value of your trust fund is $______. (Use the table for your calculation and enter a whole number without commas or symbols.)

Present Value of a Future $1 Payment

Years in Future4% Discount Rate6% Discount Rate8% Discount Rate

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Updated 2025-08-02

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